2020-going on: -Pandemic with failed vaccines and endless boosters -Supply shortages -Struggling job market -Skyrocketing bond purchases -Tapering right after -Never ending tensions between the US and China -Never ending tensions between the US and Russia -Extreme tensions between Russia and Ukraine + western countries -Small and mid cap stocks tanking non stop...
check in-depth analysis here forexezy.com In December, the FOMC decided to abandon its previous remarks that the inflation surge is transitory. The committee decided to accelerate their actions to slow inflation. In January, February, and March, the bank will also slash these purchases by $30 billion each month respectively. As a result, the Fed these...
Pour 2022 In my previous idea I'd said I was halting accumulation to see how SO was going to perform the rest of December. The main driver behind this decision was I didn't want to purchase shares at price levels SO hasn't been able to hold consistently. Basically: Anything above $63 I considered "wait and see". Building on my earlier idea, in 2022 I think this...
Observations: 1) Trend line from April 2020 till date is respected 4 times in the post corona rally. Present support point of the same is at 4514. 2) 50% Fibonacci retracement level of the last leg (from Oct 4 - Nov 22) is at 4511 3) Gann Fan line 4/1 is intersecting 50% level as at (2) above at 4511. Conclusion a) SPX has crucial support zone at 4495-4510...
Hi guys GBP/USD has broken it's resistant Area . So we can buy after the pullback. Moving Avg : BUY Time Divergence : BUY
I am currently looking to buy Gold again as a retracement. Last month we saw Gold drop roughly 1000 PIPS to the downside in a very sharp move showing that Gold is currently in a downtrend. Looking at market structure, we can see that Gold has been been creating a corrective pattern which also indicated a loss of momentum for sellers, hence why we've seen ZERO Gold...
BITSTAMP:BTCUSD price flow chart, when compared with TVC:US10Y bond yield chart for 2021 indicate; Bitcoin / Crypto should not be too fearful of a) the outcome of Fed accelerated tapering move b) rising inflation c) rising bond yield
Hey Trader, please see my current idea on Gold where my count suggest an entry at around 1778 leading to a target of 1813. Tomorrow evening we will have high volatility in the markets due to FED's rate decision. For those who decide to enter ahead to the FED meeting I suggest to play this trade with small size and tight stops, just in case this idea gets folded...
As I have long argued Reverse Repos were used to unwind QE by selling them in the open market (meaning short bonds). As such we have been tapering for over 8 months now and the yield curve has collapsed. Expect RR to drop when the FED starts to taper going into a slowing economy. The simple truth is that the market always finds a way to self-correct. The...
Here is an alternative scenario to current Gold shorts I am in from 1870. However, this long bias also has a very good chance to play out. I have noticed something interesting about market structure on the Daily timeframe. There seems to be a lot of resting liquidity on Gold sitting around the 1972 region. Since the start of the year, price has been edging lower,...
GOLD ALTERNATIVE BIAS: I have noticed something interesting about market structure on the Daily timeframe. There seems to be a lot of resting liquidity on Gold sitting around the 1972 region. Since the start of the year, price has been edging lower, in every instance leaving liquidity above every high which still hasn’t been taken out. It’s a POSSIBILITY that this...
Gold is currently trading inside a tight range and near to completion of its final wave (Wave 5) before we see a market reversal back down towards 1828. Another way to confirm that this is wave 5 and we're close to reversal is monitoring price action and the momentum of buys. We can see that price has now slowed down after a very strong uptrend and buyers are...
Traders Dollar has gone parabolic as expected and has been gaining strength. We have been holding our long bias since 89 level. DXY can go much higher from here is the momentum picks up further. However there are few levels on dollar index which you should be aware of. In our analysis we always look at both bearish and bullish scenarios so that we can plan our...
The US dollar has been in a frenzy for the past 30+ days. With the recent FED meeting it can be speculated that the end may be near for our beloved dollar. FED has stated it will start withdrawing its EMERGENCY funds. The inflation in talks is simply the corp finance worlds inability to recook an already cooked balance sheet. The word of the month is...
This is November to remember Mark this Monday as a special Day
Hello Traders Here is a new SELL Scenario, Break of 0.7400 support opens door for a steeper decline, Taper discussion in November will influence USD soon. For a longer term, it can reach 0.73330 💹AUD/USD SELL STOP ✅ Entry @0.74600 or below ✅TP-1# 0.74400 ✅TP-2# 0.74200 ✅TP-3# 0.74050 ✅SL# 0.75600 JamdeJam will not accept any liability for loss or damage...
With its back up against a wall, the US Federal Reserve has pledged to begin tapering its asset purchase program. Beginning later this month, the Federal Reserve will reduce the number of US Treasury Securities it purchases each month by US $10 billion and the number of Mortgage-Backed Securities by US $5 billion. How did the USD react to the Federal Reserve...
EURUSD has been around a key level 1.16 for several weeks. Price couldn't break above the 1.17 level, going back down below the so called support level (1.16). Despite the fact that this zone hasn't been tested enough to consider it now a resistance, fundamentals might give us this impression. So what can we expect from the EURUSD: Fundamentals: Speculations...